releases: https://lahood.house.gov/2024/4/lahood-bipartisan-group-introduce-the-u-s-trade-leadership-in-the-indo-pacific-act
Data license: MIT · Data source: dwillis/congress-press
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| https://lahood.house.gov/2024/4/lahood-bipartisan-group-introduce-the-u-s-trade-leadership-in-the-indo-pacific-act | LaHood, Bipartisan Group Introduce the U.S. Trade Leadership in the Indo-Pacific Act | 2024-04-12 | 2024 | 2024-04 | Republican | House | IL | Darin LaHood | L000585 | lahood.house.gov | lahood | https://lahood.house.gov/press-releases | scraper | Washington, D.C. – U.S. Representatives Darin LaHood (R-IL), Jimmy Panetta (D-CA), Carol Miller (R-WV), Don Beyer (D-VA), Adrian Smith (R-NE), and Ami Bera (D-CA) introduced the U.S. Trade Leadership in the Indo-Pacific Act (USTLIPA). The U.S. Trade Leadership in the Indo-Pacific Act will reassert Congress’s authority over trade to combat China’s growing economic influence in the Indo-Pacific through renewed American efforts at re-engaging our allies and identifying opportunities for regional partnerships. The U.S. has not concluded a single comprehensive trade agreement with an Indo-Pacific partner in more than 10 years. Meanwhile, China has engaged our allies, actively pursuing trade agendas that block the U.S. from competing. The United States is failing to promote a meaningful trade agenda in the region and could risk falling behind. Trade with our Indo-Pacific allies is critical as it supports millions of American jobs and represents several of our top export markets. A targeted U.S. International Trade Commission study will develop meaningful solutions to achieve U.S. objectives through a bipartisan Indo-Pacific Trade Strategy Commission, which will deliver recommendations on options that Congress can take to compete in the region. Click here for bill text. “The United States must not relinquish its lead on trade in the Indo-Pacific as the Chinese Communist Party seeks to exert their influence, both economically and militarily, in the region and around the globe.” said Congressman LaHood. “The bipartisan U.S. Trade Leadership in the Indo-Pacific Act reasserts the United States’ economic leadership in the Indo-Pacific and states unequivocally our interests for the benefit of farmers, and small and medium-sized enterprises nationwide. I am proud to join my colleagues in introducing this bipartisan legislation, which takes necessary steps in outlining a long-term economic strategy in the Indo-Pacific region.” “The United States needs to step it up when it comes to its role in trade relations for the Indo-Pacific region,” said Congressman Panetta. “The bipartisan U.S. Trade Leadership in the Indo-Pacific Act would establish a dedicated independent trade commission tasked with developing a comprehensive strategy to promote U.S. innovation, exports, and economic opportunities while countering the Chinese Communist Party’s aggressive trade policies. This legislation would prompt America to work with our regional partners, strengthen our economies, and provide stewardship in an area of growing competition and immense opportunity.” "Now more than ever, it is imperative that the United States has strong trade relationships in the Indo-Pacific. The Biden Administration’s inaction on trade has left gaping holes that the Chinese Communist Party is more than happy to fill, and Congress must step up. The U.S. Trade Leadership in the Indo-Pacific Act is just the first of many necessary steps that the United States needs to take to remain leaders in global trade. The bipartisan Indo-Pacific Trade Strategy Commission will deliver recommendations to Congress on options that it can take to compete in the region to achieve U.S. objectives and deliver measurable outcomes," said Congresswoman Carol Miller. “Due to inaction by the current administration, we are losing ground in global markets for American producers. Considering the challenges to security in the Indo-Pacific and aggression by China, we cannot allow the United States to miss crucial opportunities to stand up for American workers, benefit consumers, and strengthen relationships with allies. This bill is an important step as Congress works to reassert its constitutional authority over trade matters, and I thank Rep. Miller and my other colleagues who have come together to introduce it," said Rep. Adrian Smith. “It is hard to overstate the tremendous and growing importance of the Indo-Pacific region for the U.S. economy, either as a destination for American exports, a key link in critical supply chains, or as a source of foreign direct investment,” said Rep. Beyer. “It is crucial that the United States is at the table as the rules governing Indo-Pacific trade are being crafted. This legislation will provide us with the information we need and recommendations on how to best engage with our allies and partners to put the U.S. workers in a position to succeed in the years ahead,” said Congressman Beyer. “The U.S. Chamber of Commerce is pleased to support the United States Trade Leadership in the Indo-Pacific Act. By the end of this decade more than 60% of the world’s middle class consumers will reside in the Indo-Pacific region, and American workers, farmers, and companies need better access to those growing markets. This bill provides a roadmap that will lead the United States back the negotiating table for new market-opening trade agreements to support jobs and growth here at home,” said John Murphy, Senior Vice President and Head of International, U.S. Chamber of Commerce. | 1 | 2026-03-30T01:40:41Z | 2026-04-07T20:47:55Z |